14028 Federal Register / Vol. 71, No.
53 / Monday, March 20, 2006 / Notices
Critical experiment: a fissionable system
that has been experimentally determined to
be critical (with keff ≈ 1).
Margin of safety: the difference between
the actual value of a parameter and the value
of the parameter at which the system is
expected to be critical with critical defined
as keff = 1—bias—bias uncertainty.
Margin of Subcriticality (MoS): the
difference between the actual value of keff
and the value of keff at which the system is
expected to be critical with critical defined
as keff = 1—bias—bias uncertainty.
Minimum Margin of Subcriticality (MMS):
a minimum allowed margin of subcriticality,
which is an allowance for any unknown
uncertainties in calculating keff.
Subcritical limit: the maximum allowed
value of a controlled parameter under normal
case conditions.
Upper Subcritical Limit (USL): the
maximum allowed value of keff (including
uncertainty in keff), under both normal and
credible abnormal conditions, including
allowance for the bias, the bias uncertainty,
and a minimum margin of subcriticality.
[FR Doc. 06–2611 Filed 3–17–06; 8:45 am]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension: Rules 17Ad–6 and 17Ad–7, SEC
File No. 270–151, OMB Control No.
3235–0291.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rules 17Ad–6 and 17Ad–7:
Recordkeeping Requirements for
Transfer Agents
Rule 17Ad–6 under the Securities
Exchange Act of 1934 (15 U.S.C. 78b et
seq.) requires every registered transfer
agent to make and keep current records
about a variety of information, such as:
(1) Specific operational data regarding
the time taken to perform transfer agent
wwhite on PROD1PC61 with NOTICES
activities (to ensure compliance with
the minimum performance standards in
Rule 17Ad–2 (17 CFR 240.17Ad–2); (2)
written inquiries and requests by
shareholders and broker-dealers and
VerDate Aug<31>2005 20:35 Mar 17, 2006 Jkt 208001
response time thereto; (3) resolutions,
contracts or other supporting documents
concerning the appointment or
termination of the transfer agent; (4)
stop orders or notices of adverse claims
to the securities; and (5) all canceled
registered securities certificates.
Rule 17Ad–7 under the Securities
Exchange Act of 1934 (15 U.S.C. 78b et
seq.) requires each registered transfer
agent to retain the records specified in
Rule 17Ad–6 in an easily accessible
place for a period of six months to six
years, depending on the type of record
or document. Rule 17Ad–7 also
specifies the manner in which records
may be maintained using electronic,
microfilm, and microfiche storage
methods.
These recordkeeping requirements
ensure that all registered transfer agents
are maintaining the records necessary to
monitor and keep control over their own
performance and for the Commission to
adequately examine registered transfer
agents on an historical basis for
compliance with applicable rules.
We estimate that approximately 785
registered transfer agents will spend a
total of 392,500 hours per year
complying with Rules 17Ad–6 and
17Ad–7. Based on average cost per hour
of $50, the total cost of compliance with
Rule 17Ad–6 is $19,625,000.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549.
Dated: March 13, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6–3981 Filed 3–17–06; 8:45 am]
BILLING CODE 8010–01–P
PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 E:\FR\FM\20MRN1.SGM
SECURITIES AND EXCHANGE
COMMISSION
[File No. 1–03701]
Issuer Delisting; Notice of Application
of Avista Corporation To Withdraw Its
Common Stock, No Par Value,
Together With the Preferred Share
Purchase Rights Appurtenant Thereto,
From Listing and Registration on the
Pacific Exchange, Inc.
March 14, 2006.
On March, 2006, Avista Corporation,
a Washington corporation (‘‘Issuer’’),
filed an application with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to section
12(d) of the Securities Exchange Act of
1934 (‘‘Act’’) 1 and Rule 12d2–2(d)
thereunder,2 to withdraw its common
stock, no par value, together with the
preferred share purchase rights
appurtenant thereto (collectively
‘‘Securities’’), from listing and
registration on the Pacific Exchange,
Inc. (‘‘PCX’’).
The Board of Directors (‘‘Board’’) of
the Issuer adopted resolutions on
February 10, 2006 to withdraw the
Securities from listing and registration
on PCX. The Issuer stated that the Board
determined the benefits of remaining
listed on PCX do not justify the
associated expense and administrative
burdens. The Issuer stated that the
Securities are listed on the New York
Stock Exchange, Inc. (‘‘NYSE’’) and will
remain listed on NYSE.
The Issuer stated in its application
that it has complied with applicable
rules of PCX by providing PCX with the
required documents governing the
withdrawal of securities from listing
and registration on PCX. The Issuer also
stated that withdrawal of the Securities
from PCX will not violate any law of the
State of Washington, the state in which
the Issuer is incorporated.
The Issuer’s application relates solely
to the withdrawal of the Securities from
listing on PCX and shall not affect their
continued listing on NYSE or their
obligation to be registered under section
12(b) of the Act.3
Any interested person may, on or
before April 7, 2006, comment on the
facts bearing upon whether the
application has been made in
accordance with the rules of PCX, and
what terms, if any, should be imposed
by the Commission for the protection of
investors. All comment letters may be
submitted by either of the following
methods:
1 15 U.S.C. 78l(d).
2 17 CFR 240.12d2–2(d).
3 15 U.S.C. 78l(b).
20MRN1
 Federal Register / Vol. 71, No. 53 / Monday, March 20, 2006 / Notices
Electronic Comments
• Send an e-mail to rule-
comments@sec.gov. Please include the
File Number 1–03701
or;
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
100 F Street, NE.,Washington, DC
20549–1090.
All submissions should refer to File
Number 1–03701. This file number
should be included on the subject line
if e-mail is used. To help us process and
review your comments more efficiently,
please use only one method. The
Commission will post all comments on
the Commission’s Internet Web site
(http://www.sec.gov/rules/delist.shtml).
Comments are also available for public
inspection and copying in the
Commission’s Public Reference Room.
All comments received will be posted
without change; we do not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly.
The Commission, based on the
information submitted to it, will issue
an order granting the application after
the date mentioned above, unless the
Commission determines to order a
hearing on the matter.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.4
Nancy M. Morris,
Secretary.
[FR Doc. E6–3986 Filed 3–17–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–27259; File No. 812–13205]
Massachusetts Mutual Life Insurance
Company, et al., Notice of Application
March 10, 2006.
AGENCY: Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of an application for an
order of approval pursuant to section
26(c) of the Investment Company Act of
1940 (‘‘1940 Act’’) and an order of
exemption pursuant to section 17(b) of
the 1940 Act.
APPLICANTS: Massachusetts Mutual Life
wwhite on PROD1PC61 with NOTICES
Insurance Company (‘‘MassMutual’’),
Massachusetts Mutual Variable Annuity
Separate Account 4 (‘‘Separate Account
4 17 CFR 200.30–3(a)(1).
VerDate Aug<31>2005 20:35 Mar 17, 2006 Jkt 208001
4’’), Panorama Separate Account, C.M.
Life Insurance Company (‘‘C.M. Life’’),
C.M. Multi-Account A, and Panorama
Plus Separate Account (together with
Separate Account 4, Panorama Separate
Account, and C.M. Multi-Account A,
the ‘‘Separate Accounts’’) (and,
collectively with MassMutual and C.M.
Life, the ‘‘Applicants’’), MML Series
Investment Fund and MML Series
Investment Fund II (together with the
Applicants, the ‘‘Section 17
Applicants’’).
SUMMARY OF APPLICATION: Applicants
request an order approving the proposed
substitution of shares of American
Century VP Income & Growth Fund
with MML Income & Growth Fund;
American Century VP Value Fund with
MML Value Fund; American Funds
Asset Allocation Fund (Class 2) and
Calvert Social Balanced Portfolio with
MML Asset Allocation Fund; American
Funds Growth-Income Fund (Class 2)
and American Fidelity VIP Growth
Opportunities Portfolio (Service Class)
with MML Growth & Income Fund;
Fidelity VIP Growth Portfolio (Service
Class) with MML Diversified Growth
Fund; Franklin Small Cap Value
Securities Fund with MML Small Cap
Value Fund; Janus Aspen Balanced
Portfolio (Service Shares and
Institutional Shares) with MML Blend
Fund; Janus Aspen Forty Portfolio
(Service Shares and Institutional Shares)
with MML Aggressive Growth Fund;
Janus Aspen Worldwide Growth
Portfolio (Service Shares and
Institutional Shares) with MML Global
Fund; MFS Investors Trust Series with
MML Enhanced Index Core Equity
Fund; MFS New Discovery Series and
Scudder VIT Small Cap Index Fund
with MML Small Cap Index Fund; T.
Rowe Price Blue Chip Growth Portfolio
with MML Blue Chip Growth Fund; T.
Rowe Price Equity Income Portfolio
with MML Equity Income Fund; T.
Rowe Price Mid-Cap Growth Portfolio
with MML Mid Cap Growth Fund; and
Templeton Foreign Securities Fund
(Class 2) with MML International Fund
(the ‘‘Substitutions’’). Section 17
Applicants seek an order of exemption
pursuant to section 17(b) of the 1940
Act from section 17(a) of the 1940 Act
to the extent necessary to permit
MassMutual and C.M. Life to carry out
certain of the substitutions.
FILING DATE: The application was filed
on June 24, 2005, and an amended and
restated application was filed on March
8, 2006.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
PO 00000 Frm 00086 Fmt 4703 Sfmt 4703
14029
a hearing by writing to the Secretary of
the Commission and serving Applicants
with a copy of the request, personally or
by mail. Hearing requests must be
received by the Commission by 5:30
p.m. on April 4, 2006, and should be
accompanied by proof of service on
Applicants in the form of an affidavit or,
for lawyers, a certificate of service.
Hearing requests should state the nature
of the requester’s interest, the reason for
the request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
writing to the Secretary of the
Commission.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549. Applicants,
1295 State Street, Springfield, MA
01111.
FOR FURTHER INFORMATION CONTACT:
Mark Cowan, Senior Counsel, or Zandra
Bailes, Branch Chief, Office of Insurance
Products, Division of Investment
Management, at (202) 551–6795.
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application is
available for a fee from the Public
Reference Branch of the Commission,
100 F Street, NE., Washington, DC
20549 (202–551–8090).
Applicants’ and Section 17 Applicants’
Representations
1. MassMutual is a mutual life
insurance company organized in the
Commonwealth of Massachusetts as a
corporation and was originally
chartered in 1851. MassMutual is a
diversified financial services company
providing life insurance, annuities,
disability income insurance, long-term
care insurance, structured settlements,
retirement and other products to
individual and institutional customers.
2. Separate Account 4 was established
in 1997. Separate Account 4 is
registered under the 1940 Act as a unit
investment trust (File No. 811–08619)
and is used to fund variable annuity
contracts issued by MassMutual. Six
variable annuity contracts funded by
Separate Account 4 are affected by the
application.
3. Panorama Separate Account was
established in 1981. Panorama Separate
Account is registered under the 1940
Act as a unit investment trust (File No.
811–03215) and is used to fund variable
annuity contracts issued by
MassMutual. One variable annuity
contract funded by Panorama Separate
Account is affected by the application.
4. C.M. Life is a wholly-owned stock
life insurance subsidiary of
MassMutual. C.M. Multi-Account A was
E:\FR\FM\20MRN1.SGM 20MRN1